Car Loan Gummidipoondi

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Rates as low as 8.50%*
Up to 100% Funding
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Best Banks for Car Loan in Gummidipoondi

Feature
HDFC Bank
ICICI Bank
Kotak Mahindra Bank
Interest Rate
8% - 8.4 %
8.5 - 9.5 %
11%
Min Loan Amt
Metro : 1 Lac & Non Metro: 75000
75000
75000
Max Loan Amt
1 Cr
1 Cr
1 Cr
Loan Tenure
Upto 7 Years
Upto 5 Years
Upto 5 Years
Processing Fee
1999 - 4999 + Tax
0.25% to 1.50%
0.25% to 1.50%
Preclosure Chgs
2%, Nil after 24 months
2%, Nil after 36 months
Nil
Loan to Value (LTV)
Upto 100% on Ex- showroom
Upto 95% on Ex- showroom
Upto 90% on Ex- showroom

Car Loan Gummidipoondi Features

car loan GummidipoondiUnable to find funds for buying the car of your dreams? Car Loans is the fitting way to finance your car in the best way possible. Banks and NBFCs nowadays provide up to 80-90% funding for the car you want to purchase. Car Loans come at an affordable interest rate without much documentation requirement. In case you have an existing customer relationship with a particular bank then you can get the best deal in the market as per your requirement.

You must note that the car you purchase serves as collateral security for the loan amount sanctioned till the time you repay the outstanding amount.

To avoid any hassle and wastage of time, visit DialaBank to get a fast loan disbursal.

Car Loan Gummidipoondi Interest Rate

Bank
Processing Fee
Prepayment Charges
HDFC Bank Car Loan
(1999 - 4999) + Tax
2%, Nil foreclosure charges after 24 months
Axis Bank Car Loan
1 % to 2.50%
Nil
ICICI Bank Car Loan
0.25% to 1.50%
2%, Nil foreclosure charges after 36 months
SBI Car Loan
500/- to 0.50%
Nil
Kotak Car Loan
1% to 2%
2.25% of fore closure amount if closed 1 month ahead of the tenure.
IIFL Car Loan
Nil
Nil
Muthoot Car Loan
Nil
Nil
Manappauram Car Loan
Nil
Nil
PNB Car Loan
0.70% to 1%
Nil
Canara Bank Car Loan
1%
Nil
Andhra Bank Car Loan
Nil
Nil

 

To check Personal Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates

Car Loan Gummidipoondi Documents Required

  1. Identity Proof: Driving License/ Aadhar Card/ Passport Copy/ Pan Card, etc.
  2. Income Proof: Previous 3 months salary slips or Form 16 for a salaried individual and recent tax return files for a self-employed individual
  3. Proof of residence: Water Bill/ Voter ID/ Telephone bill/ Passport Copy
  4. Recent passport size photographs-2

Car Loan Gummidipoondi Eligibility Criteria

  1. The car loan eligibility in Gummidipoondi as follows:
    1.  The minimum age of the applicant to apply for the loan is 21 years.
    2. The maximum age of the applicant to apply for the loan maturity is 65 years.
    3. For Salaried the annual income should get more than Rs.3lakhs and also for the standard cars, the applicant should get more than 3 lakhs of income.
    4. For self-employed the net annual income should be more than 4lakhs also for the standard cars, the applicant should have more than 3lakhs of income.
    5. For salaried applicants:1 year in current employment and also a minimum of 2 years of employment must be for the salaried applicant.
    6. For Self-employed: the applicant should have at least 3 years in business. so that the applications will get approval quickly and also the applicant should submit income tax return(ITR) files.

How to Apply for Car Loan in Gummidipoondi?

  1. Visit our website www.dialabank.com from your browser be it mobile or laptop.
  2. Go to the car loan section on the dialabank page and click on the car loan.
  3. Submit all the details required for the car loan and also upload all the document which are required to get the car loan.
  4. Our managers will then call you and for getting more information and for getting more guidance, you may call on 9878981166.

Processing Fees & Prepayment Charges on Car Loan Gummidipoondi

Category
Details
Processing Charges
1999 - 4999 + Tax
Prepayment 
No prepayment is allowed until 12 EMIs are paid
Preclosure
No foreclosure is allowed until 12 EMIs are paid
Prepayment Charges
13-24 months: 2% of loan principal outstanding
>36 months: Nil Charges
Stamp Duty
As per state laws
Cheque Bounce Chgs
₹ 550/chq +  GST
Floating Rate of Interest
Not Applicable
Overdue EMI Interest
2% p.m.(on overdue amount)
Amortisation Schedule Chgs
Rs 200 + GST

CIBIL Score Required for Car Loan in Gummidipoondi

Before approving the loan Banks and NBFCs consider the applicant’s CIBIL score as it is an important criterion before approving for a loan. It denotes the creditworthiness of any applicant. The minimum CIBIL score requirement for a car loan varies from bank to bank. Generally, a score above 800 is considered to be decent for any individual to be eligible to apply for a car loan.

The credit history of any applicant must be free of any pending dues or debts to avoid any inconvenience in applying for a loan in the future. Therefore, always check your credit score before applying for a loan.

Car Loan Gummidipoondi Contact Number

To avail instant car loans in Gummidipoondi you can visit our website or call on 9878981166.

Pre Calculated EMI Table for Car Loan Gummidipoondi

Rate
5 Yrs
4 Yrs
3 Yrs
10.50%
2149
2560
3250
11.00%
2174
2584
3273
11.50%
2199
2608
3297
12.00%
2224
2633
3321
12.50%
2249
2658
3345
13.00%
2275
2682
3369
13.50%
2300
2707
3393
14.00%
2326
2732
3417
14.50%
2352
2757
3442
15.00%
2378
2783
3466

You can calculate your EMI here: Car Loan EMI Calculator

About Gummidipoondi

Gummudipoondi is a modern town in the Chennai Metropolitan Region of the Thiruvallur area in the Indian territory of Tamil Nadu. Notably, it’s the first legislation of Tamil Nadu. Tamil is the official language for the people of Gummudipoondi town.

Special Note: Banks do not provide Car Loans to bad credit holders, but one can fulfill their money requirement with Gold Loan easily.

Car Loan EMI Calculator

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